Senior Group Accountant Lead

Mondia Group; South Africa; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading tech company in South Africa is seeking a Senior Group Accountant to manage and consolidate financial accounts. The role entails ensuring compliance with accounting standards, preparing financial statements, and providing strategic financial insights. Ideal candidates will have at least 5 years of accounting experience and a related degree or certification. This position offers opportunities to enhance financial processes within a dynamic team.

Qualifications

• At least 5 years of relevant accounting/finance experience.
• Strong knowledge of financial reporting standards.
• Experience in managing audits and compliance.

Responsibilities

• Prepare and consolidate group financial statements.
• Liaise with external auditors during annual audits.
• Assist in managing group cash flow and forecasting.

Skills

Financial Reporting

Compliance with IFRS/GAAP

Cash Flow Management

Intercompany Accounting

Process Improvement

Education

Bachelor's in Finance or Accounting

CPA, ACCA, CA certification

Job description

WHAT WE DO

Our talented teams create tech that connects brands to people via meaningful content that impacts their lives in positive ways. By understanding where the markets are going and where technology fits in; we use our knowledge to identify solutions that boost businesses and shift user experiences.

WHY WE'RE DIFFERENT

What makes us a leader in our industry, and different from other international digital tech companies, is our ability to tailor or custom create our offering to solve business challenges.

WHERE YOU FIT IN

We aim to build an inspiring organization with an engaged and high performing culture. We believe in possibilities. We connect to the future. Think unlimited digital potential, global reach, limitless content, unreal experiences, real connections... now imagine the direct impact you could have in this landscape. If you are eager to work in an inspiring, dynamic environment and collaborate with like-minded people, we want to hear from you!

About the Role

The Senior Group Accountant is responsible for managing and consolidating the financial accounts of the group, ensuring accurate and timely financial reporting. This role involves overseeing group-wide financial processes, maintaining compliance with accounting standards, and providing strategic financial insights to support senior management. The Senior Group Financial Accountant plays a crucial role in the preparation of financial statements, managing audits, and driving continuous improvement in financial processes across the group.

Responsibilities

Financial Reporting & Consolidation:

• Prepare and consolidate group financial statements in accordance with IFRS/GAAP.
• Ensure timely and accurate monthly, quarterly, and annual financial reporting for the group.
• Coordinate preparation of balance sheet reconciliations for each entity including and report movements on an entity and group level
• Coordinate with subsidiary finance teams to gather financial data and ensure consistency across the group.
• Manage bank reconciliations on a monthly basis for all entities ensuring all accounts are reconciled

Statutory Accounts & Compliance:

• Prepare statutory accounts for the group and ensure compliance with local and international accounting standards.
• Liaise with external auditors during annual audits, ensuring smooth audit processes and timely resolution of audit queries across the group.
• Ensure compliance with all regulatory requirements and maintain up-to-date knowledge of changes in accounting standards.

Intercompany and CAPEX Accounting:

• Manage intercompany transactions, reconciliations, and eliminations to ensure accurate group consolidation.
• Ensure that all intercompany balances are accurately reported and reconciled on a monthly basis.
• Ensure accurate recording of company CAPEX in accordance with IFRS
• Review monthly CAPEX spend ensuring correct depreciation / amortisation rates are applied.
• Regular reviews of impairment of assets and items no longer required / exist
• Maintain group intangible and tangible Assets register and reconciliation

Cash Flow & Treasury Management:

• Assist in managing group cash flow, including cash flow forecasting and working capital management.

Process Improvement & Automation:

• Identify opportunities for process improvement and automation within the group finance function.
• Lead or participate in projects to enhance financial systems, reporting tools, and processes to increase efficiency and accuracy.
• Lead group wide implementation of new accounting standards

Cross-functional Collaboration:

• Work closely with other departments (e.g., Tax, Treasury, Legal) to ensure financial objectives are aligned and achieved.
• Act as a key financial advisor to business units, providing guidance on financial implications of business decisions.

Requirements

Education

Bachelor's degree in Finance, Accounting, or a related field; CPA, ACCA, CA, or equivalent certification preferred.

Experience

At least 5 years of relevant accounting/finance experience